AsiaStrategy(SORA)Earnings, Financials & Key Ratios
SORA•NASDAQ
$1.75
27.2× P/E·Price updated Jul 6, 2026
SectorConsumer CyclicalIndustryFootwear & AccessoriesSub-IndustryFashion and luxury accessories brands
AboutAsiaStrategy, together with its subsidiaries, engages in trading, distribution, and retail of luxury watches in Hong Kong. The company sells its products under the Omega, Cartier, Rolex, Longines, Audermars Piguet, Patek Philippe, Blancpain, Casio, Breguet, and Hublot brands. It serves business-to-business (B2B) customers including distributors, independent watch dealers, and retail sellers. AsiaStrategy was formerly known as Top Win International Limited and changed its name to AsiaStrategy in August 2025. The company was founded in 2001 and is based in Wan Chai, Hong Kong. AsiaStrategy is a subsidiary of Pride River Limited.Show more
- Revenue$1M-92.0%
- EBITDA-$190K-182.6%
- Net Income$2M+3835.1%
- EPS (Diluted)0.06+3315.0%
- Gross Margin2.58%-67.9%
- EBITDA Margin-13.46%-1132.6%
- Operating Margin-14.35%-1206.8%
- Net Margin111.91%+46807.6%
- ROE75.56%+799.5%
SORA Price & Volume
AsiaStrategy (SORA) stock price & volume — 10-year historical chart
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Structural Revenue Contraction Masks Deep Liquidity Risks
Investment Thesis • Updated 2024Q4
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Core business model collapse
Key Thesis Takeaways
- AsiaStrategy faces a fundamental business model collapse as its transition to an opportunistic trading desk has resulted in a severe revenue contraction and structural margin weakness.
- The company's reliance on non-operational accounting adjustments to mask underlying losses suggests significant insolvency risk despite recent balance sheet fluctuations.
- Investors should remain cautious as the firm's inability to generate consistent operating cash flow, evidenced by a -8.60 OCF/NI ratio, threatens its long-term viability.
Verdict Logic
the company's valuation at 35.82x P/S is fundamentally unsupported by its negative operating cash flow and the extreme volatility in its working capital management.
SORA Growth Metrics
AsiaStrategy (SORA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-53.73%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years179.8%
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years180.93%
TTM-
Return on Capital
10 Years6.85%
5 Years6.85%
3 Years6.83%
Last Year-4.46%
Peers Comparison
Key metrics vs top competitors for AsiaStrategy (SORA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.75 | $43.51M | 27.22 | -92% | 111.91% | 75.56% | — | |
| $0.29 | $184M | -0.64 | 96.69% | -39.68% | -60.72% | — | |
| $0.89 | $26.37M | -3.41 | 15.17% | -3.05% | -15.02% | — | |
| $2.41 | $551.66M | -34.10 | 6.96% | -2.51% | -2.41% | — | |
| $1.07 | $1.03B | -34.60 | -6.62% | -0.77% | -0.22% | — | |
| $4.81 | $145.16M | -35.90 | -10.58% | -4.81% | -6.48% | — |
Compare SORA vs Peers
AsiaStrategy (SORA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SORA Frequently Asked Questions
AsiaStrategy (SORA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is AsiaStrategy's revenue?
AsiaStrategy (SORA) reported $1.4M in revenue for fiscal year 2025. This represents a 90% decrease from $14.2M in 2022.
How fast is AsiaStrategy growing?
AsiaStrategy (SORA) saw revenue decline by 92.0% over the past year.
Is SORA profitable?
Yes, AsiaStrategy (SORA) is profitable, generating $1.6M in net income for fiscal year 2025 (111.9% net margin).
Dividend & Returns
What is SORA's return on equity?
AsiaStrategy (SORA) has a return on equity (ROE) of 75.6%. This is excellent, indicating efficient use of shareholder capital.
What is AsiaStrategy's free cash flow?
AsiaStrategy (SORA) had negative free cash flow of $0.6M in fiscal year 2025, likely due to heavy capital investments.